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Stock impact report

Trial acceleration: AI supports progress, relationships drive success [Yahoo! Finance]

Veeva Systems Inc. Class A (VEEV) 
Last veeva systems inc. class a earnings: 3/3 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The time that artificial intelligence (AI) can save sponsors and sites makes it easier than ever to reduce trial timelines; however, the technology will only work well if foundations are strong. AI is being used to help with site selection, data management and more in the early stages of protocol planning, but cannot replace the basics that should be in place to ensure trials run smoothly. This means that issues need to be addressed which impact parties in the very early stages, and this may not be something that technology alone can resolve. Issues such as communication channels, training, delayed start-up and contract negotiations cause study delays before a site even enrols its first patient, so resolving these pain points is needed to accelerate this process and reduce time to first-patient-dosed. While Jimmy Bechtel, chief site success officer for the Society for Clinical Research Sites (SCRS), believes that AI can support in many areas - including recruitment and retention Show less Read more
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